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Daily Market Updates

November 18, 2020

U.S. stocks fell on today as the market’s recent rally to new records took a breather. The worsening pandemic that brought on new restrictions overshadowed positive developments on the coronavirus vaccine front.   Dow Jones finished -345 at 29,438 S&P 500 finished -42 at 3,567 NASDAQ finished -98 at 11,801   The 10 Year Treasury […]

November 17, 2020

Stocks fell today as momentum from yesterday’s rally lost steam. The S&P 500, Dow, and NASDAQ all declined after posting record closing highs a day earlier.   Dow Jones finished -167 at 29,783 S&P 500 finished -17 at 3,609 NASDAQ finished -25 at 11,899   The 10 Year Treasury closed down 3 basis points yielding […]

November 16, 2020

Last Monday the S&P 500 jumped 2% on news Pfizer’s COVID vaccine is 90% effective and today we started 1% higher on news Moderna’s vaccine is 94% effective sending those shares 10% higher. COVID cases continue to climb, hoarding is back, and vaccines are not likely to be widely available for 6 months, but the […]

November 13, 2020

U.S. stocks rose today as investors bet again on stocks that would benefit from a potential effective vaccine and economic recovery next year.   Dow Jones finished +400 at 29,479 S&P 500 finished +48 at 3,585 NASDAQ finished +120 at 11,829   The 10 Year Treasury closed up 1 basis point yielding 0.89% Oil prices […]

November 12, 2020

Stocks fell today as an increasing number of U.S. coronavirus cases raised concerns over the health of the economy heading into year-end. Concerns over prospects for a stimulus bill out of Washington also spooked investors.   Dow Jones finished -317 at 29,080 S&P 500 finished -36 at 3,537 NASDAQ finished -77 at 11,709   The […]

November 11, 2020

Stocks closed mostly up today as tech shares looked to make up some of their declines from earlier this week. Traders this week have been hopeful that drug-makers were closing in on getting approval for a vaccine.   Dow Jones finished -23 at 29,397 S&P 500 finished +27 at 3,572 NASDAQ finished +233 at 11,786 […]

November 10, 2020

The Dow Jones rose on today building on its sharp gains from the previous day as a market rotation out of names that thrived during the pandemic and into stocks linked to an economic recovery continued.   Dow Jones finished +263 at 29,420 S&P 500 finished -5 at 3,545 NASDAQ finished -160 at 11,553   […]

November 9, 2020

The Dow and S&P 500 hit record highs today as investors cheered trial data from drugmakers Pfizer and BioNTech indicating their Covid-19 vaccine is more than 90% effective.   Dow Jones finished  +834 at 29,157 S&P 500 finished +41 at 3,550 NASDAQ finished -181 at 11,713   The 10 Year Treasury closed up 11 basis […]

November 6, 2020

Stocks were mixed today as traders looked for clarity around the presidential and congressional election results. Sentiment was kept in check by better-than-expected U.S. unemployment data.   Dow Jones finished -67 at 28,323 S&P 500 finished -1 at 3,509 NASDAQ finished +4 at 11,895   The 10 Year Treasury closed up 4 basis points yielding […]

November 5, 2020

Stocks jumped today to extend a rally from a day earlier, as traders prepared for the outcome of the U.S. election, with several key states’ results still hanging in balance. In economic news, the Federal Reserve said the U.S. economy and employment improved since September but held interest rates at near-zero as the economy continues […]

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